Hobart Apartments

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    The development will be constructed under the company's new PMGx multifamily housing division, which comprises “social living” rental communities that cater to professionals who seek a more community-oriented lifestyle.

    17 July 2017 10:00
  • Kiser Group Negotiates $12M Chicago Multifamily Deal

    The sale of the 80-unit property marks the highest price per unit—$144,000—for a four plus one asset north of Irving Park Road.

    22 June 2017 15:49
  • Historic DC Student Housing Starts Makeover

    After housing government workers in wartime and serving generations of students, two historic dormitories in the nation's capital will get a third life as market-rate communities.

    11 September 2017 03:49
  • JV Lands $57M Memphis Property

    Coastal Ridge Real Estate and H. Katz Capital acquired 414-unit The Preserve at Forest Creek from Blackstone subsidiary LivCor.

    05 October 2017 15:17
  • Rent Growth

    Rents were up 1.5% nationwide in May, down 40 basis points from April, 90 basis points from March and well below the 5.3% growth rate of a year ago. Deceleration is more than firmly established, as the year-over-year growth rate has decreased for 13 straight months since reaching 5.4% in April 2016. The last time the year-over-year increase was as low as 1.5% was in April 2011.

    19 June 2017 20:09
  • LA Senior Communities Receive $19M Mortgage Financing

    The funding, obtained through the company's bond purchase program, will be used for the acquisition, rehabilitation and permanent financing of three affordable developments.

    17 August 2017 16:24
  • Eviva Midtown Trades for Record Price

    Eviva Midtown, a 118-unit certified CalGreen construction, was sold to Sequoia Equities for the highest price per unit ever paid for a multifamily asset in the region.

    28 September 2017 11:10
  • Jersey Asset Commands $147M Refi

    New York Life originated a 10-year loan on behalf of Sterling Properties. The asset is located in a northern New Jersey market with high barriers to entry.

    15 August 2017 18:54
  • Using IoT as an Amenity

    Technology is the new differentiator between multifamily properties and competitors. Felicite Moorman, CEO of STRATIS, explains how the Internet of Things offers both convenience and cost savings.

    02 October 2017 15:09
  • Meridian Secures $22M in Financing for Luxury Development

    Avery Place at Pompano will be an eight-story, Class A community with 145 luxury rental units and workplace studios ranging between 800 and 1,200 square feet.

    25 July 2017 13:06